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After The Bell

Jabil Circuit Inc. (JBL) Is Down Following Weak Q2 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Jabil Circuit Inc. (JBL) reported second quarter core EPS of $0.53 after the close Wednesday, down from $0.58 last year. The consensus estimate was for EPS of $0.54. The company expects to report third quarter core EPS of $0.50 to $0.58, compared to the consensus estimate of $0.61. The stock is now down 0.48 on 115K shares.

Jabil Circuit broke out of Wednesday's narrow range around mid-afternoon and closed up by 0.30 at $19.48. The stock rose to a 1-month high.

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